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Nikkei: “Nikon sees 30% profit boost on demand for panel-producing gear, camera maker’s cost-cutting and reforms show signs of working”

on May 8, 2018

Nikkei  just published a new article ahead of the Nikon’s yearly financial results announcement titled ” Nikon sees 30% profit boost on demand for panel-producing gear, Camera maker’s cost-cutting and reforms show signs of working “: “Nikon’s operating profit is expected to jump 30% to 70 billion yen ($640 million) in the current fiscal year ending March 2019, as its structural reforms bear fruit and capital investment in places like China lifts sales of its large display-making equipment.” And also: “Nikon will have a monopoly on next-generation equipment capable of making large flat-panel displays.” (pictured above) Nikon’s sales are also expected to be up mainly because of its precision equipment business. Here is a quote from Nikkei on the camera business: “Meanwhile, the market for Nikon’s mainstay single-lens reflex cameras is shrinking. But the company aims to offset the decline with structural reforms it began in fiscal 2016

Read the rest here:
Nikkei: “Nikon sees 30% profit boost on demand for panel-producing gear, camera maker’s cost-cutting and reforms show signs of working”


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